Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.


Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low MRD Price Change
15.40 15.40 15.36 15.36 +0.11
Entry Signal

MarketClub’s Trade Triangles for MRD

long term down The long term trend has been DOWN since Jul 5th, 2017 at 15.25

intermediate term down The intermediate term trend has been DOWN since Oct 16th, 2017 at 15.31

short term down The short term trend has been DOWN since Oct 12th, 2017 at 15.41

Smart Scan Analysis for MRD

Based on a pre-defined weighted trend formula for chart analysis, MRD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for MRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.40 15.40 15.36 15.36 +0.11
Prev. Close Volume Bid Ask Time
15.4 241 2017-10-17 11:09:00
Year High16.99Year High Date2017-04-10
Year Low13.8Year Low Date2017-02-06
52wk High16.9952wk High Date2017-04-10
52wk Low12.1652wk Low Date2016-11-17
Year End Close15.75Average Volume2,290
Want to analyze MELCOR DEVELOPMENTS LTD MRD or another symbol? Try our Free Stock Trend Analysis Report.